BRP Group moves to acquire P&C provider Insurance Risk Partners

BRP Group | April 02, 2020

BRP Group moves to acquire P&C provider Insurance Risk Partners
Baldwin Risk Partners Group (BRP Group) has announced that its subsidiary, Baldwin Krystyn Sherman Partners (BKS), has acquired all the assets of Insurance Risk Partners (IRP). Based in Oklahoma City, IRP is a provider of P&C insurance and additional consulting services. Founded in 2016, the firm’s client roster includes domestic and international infrastructure-focused private equity firms and their investment subsidiaries, as well as publicly-traded utilities, independent power generation facilities, and renewable power generation companies. A release said that IRP generated annual revenues of about $7 million. Following the acquisition, IRP will become part of and transition to the BKS Partners operating group.

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This material may be quoted or reproduced without prior permission, provided appropriate credit is given to the author and the James A. Baker III Institute for Public Policy. Wherever feasible, papers are reviewed by outside experts before they are released. However, the research and views expressed in this paper are those of the individual researcher(s) and do not necessarily represent the views of the James A. Baker III Institute for Public Policy

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